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Shares of Qualys Inc Rank the Highest in Terms of P/E Ratio in the Systems Software Industry (QLYS, RHT, MSFT, VMW, SYMC)

By James Quinn

Below are the three companies in the Systems Software industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Qualys Inc ranks highest with a a P/E ratio of 88.76. Following is Red Hat Inc with a a P/E ratio of 88.12. Microsoft Corp ranks third highest with a a P/E ratio of 44.12.

Vmware Inc-Cl A follows with a a P/E ratio of 39.04, and Symantec Corp rounds out the top five with a a P/E ratio of 38.76.

SmarTrend is tracking the current trend status for Symantec Corp and will alert subscribers who have SYMC in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest p/e ratio qualys inc :rht red hat inc microsoft corp vmware inc-cl a symantec corp